KRONES AG (KRN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:KRN - DE0006335003 - Common Stock
128.9 EUR
+1.7 (+1.34%)
Overall KRN gets a fundamental rating of 6 out of 10. We evaluated KRN against 108 industry peers in the Machinery industry. While KRN has a great profitability rating, there are some minor concerns on its financial health. KRN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KRN was profitable.
KRN had a positive operating cash flow in the past year.
KRN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years KRN had a positive operating cash flow.
1.2 Ratios
KRN has a Return On Assets of 6.01%. This is in the better half of the industry: KRN outperforms 77.78% of its industry peers.
KRN has a better Return On Equity (14.28%) than 77.78% of its industry peers.
With an excellent Return On Invested Capital value of 11.63%, KRN belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
KRN had an Average Return On Invested Capital over the past 3 years of 10.37%. This is in line with the industry average of 8.99%.
The 3 year average ROIC (10.37%) for KRN is below the current ROIC(11.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 14.28% | ||
| ROIC | 11.63% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 5.24%, KRN is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of KRN has grown nicely.
Looking at the Operating Margin, with a value of 7.19%, KRN is in line with its industry, outperforming 58.33% of the companies in the same industry.
KRN's Operating Margin has improved in the last couple of years.
The Gross Margin of KRN (53.35%) is better than 71.30% of its industry peers.
In the last couple of years the Gross Margin of KRN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.19% | ||
| PM (TTM) | 5.24% | ||
| GM | 53.35% |
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KRN is still creating some value.
Compared to 1 year ago, KRN has about the same amount of shares outstanding.
KRN has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for KRN has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of KRN is 0.01, which is an excellent value as it means it would take KRN, only 0.01 years of fcf income to pay off all of its debts.
KRN's Debt to FCF ratio of 0.01 is amongst the best of the industry. KRN outperforms 100.00% of its industry peers.
KRN has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.00, KRN belongs to the best of the industry, outperforming 98.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.63
WACC7.13%
2.3 Liquidity
KRN has a Current Ratio of 1.39. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
KRN has a Current ratio of 1.39. This is comparable to the rest of the industry: KRN outperforms 43.52% of its industry peers.
KRN has a Quick Ratio of 1.10. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.10, KRN is in the better half of the industry, outperforming 60.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.20% over the past year.
Measured over the past years, KRN shows a very strong growth in Earnings Per Share. The EPS has been growing by 96.42% on average per year.
The Revenue has grown by 8.15% in the past year. This is quite good.
Measured over the past years, KRN shows a small growth in Revenue. The Revenue has been growing by 5.98% on average per year.
EPS 1Y (TTM)16.2%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%3.37%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%4.72%
3.2 Future
The Earnings Per Share is expected to grow by 9.52% on average over the next years. This is quite good.
Based on estimates for the next years, KRN will show a small growth in Revenue. The Revenue will grow by 6.28% on average per year.
EPS Next Y14.04%
EPS Next 2Y11.94%
EPS Next 3Y12.17%
EPS Next 5Y9.52%
Revenue Next Year7.26%
Revenue Next 2Y6.13%
Revenue Next 3Y6.08%
Revenue Next 5Y6.28%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.04, the valuation of KRN can be described as correct.
77.78% of the companies in the same industry are more expensive than KRN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.65. KRN is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 11.73, the valuation of KRN can be described as very reasonable.
Based on the Price/Forward Earnings ratio, KRN is valued a bit cheaper than the industry average as 70.37% of the companies are valued more expensively.
KRN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.04 | ||
| Fwd PE | 11.73 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KRN is valued a bit cheaper than 74.07% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KRN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.85 | ||
| EV/EBITDA | 6.34 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KRN has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KRN's earnings are expected to grow with 12.17% in the coming years.
PEG (NY)1
PEG (5Y)0.15
EPS Next 2Y11.94%
EPS Next 3Y12.17%
5. Dividend
5.1 Amount
KRN has a Yearly Dividend Yield of 2.08%. Purely for dividend investing, there may be better candidates out there.
KRN's Dividend Yield is a higher than the industry average which is at 2.47.
Compared to an average S&P500 Dividend Yield of 2.41, KRN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
The dividend of KRN has a limited annual growth rate of 5.29%.
Dividend Growth(5Y)5.29%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
KRN pays out 28.35% of its income as dividend. This is a sustainable payout ratio.
The dividend of KRN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.35%
EPS Next 2Y11.94%
EPS Next 3Y12.17%
FRA:KRN (11/25/2025, 5:29:50 PM)
128.9
+1.7 (+1.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners20.04%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.07B
Revenue(TTM)5.53B
Net Income(TTM)289.62M
Analysts81.11
Price Target155.11 (20.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
Yearly Dividend2.2
Dividend Growth(5Y)5.29%
DP28.35%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.93%
Min EPS beat(2)-5.49%
Max EPS beat(2)-4.37%
EPS beat(4)0
Avg EPS beat(4)-4.68%
Min EPS beat(4)-7.42%
Max EPS beat(4)-1.44%
EPS beat(8)2
Avg EPS beat(8)0.89%
EPS beat(12)5
Avg EPS beat(12)4.09%
EPS beat(16)9
Avg EPS beat(16)9.84%
Revenue beat(2)0
Avg Revenue beat(2)-2.98%
Min Revenue beat(2)-4.95%
Max Revenue beat(2)-1.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.56%
Min Revenue beat(4)-4.95%
Max Revenue beat(4)0.64%
Revenue beat(8)3
Avg Revenue beat(8)-1%
Revenue beat(12)5
Avg Revenue beat(12)-0.36%
Revenue beat(16)8
Avg Revenue beat(16)0.22%
PT rev (1m)-0.61%
PT rev (3m)-2.81%
EPS NQ rev (1m)10.15%
EPS NQ rev (3m)10.15%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-3.37%
Revenue NQ rev (1m)1.19%
Revenue NQ rev (3m)1.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.04 | ||
| Fwd PE | 11.73 | ||
| P/S | 0.74 | ||
| P/FCF | 19.85 | ||
| P/OCF | 10.34 | ||
| P/B | 2.01 | ||
| P/tB | 2.85 | ||
| EV/EBITDA | 6.34 |
EPS(TTM)9.18
EY7.12%
EPS(NY)10.99
Fwd EY8.53%
FCF(TTM)6.49
FCFY5.04%
OCF(TTM)12.47
OCFY9.67%
SpS174.93
BVpS64.21
TBVpS45.3
PEG (NY)1
PEG (5Y)0.15
Graham Number115.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 14.28% | ||
| ROCE | 16.04% | ||
| ROIC | 11.63% | ||
| ROICexc | 13.62% | ||
| ROICexgc | 18.98% | ||
| OM | 7.19% | ||
| PM (TTM) | 5.24% | ||
| GM | 53.35% | ||
| FCFM | 3.71% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
ROICexc(3y)13.79%
ROICexc(5y)N/A
ROICexgc(3y)19.27%
ROICexgc(5y)N/A
ROCE(3y)14.31%
ROCE(5y)N/A
ROICexgc growth 3Y22.07%
ROICexgc growth 5Y40.08%
ROICexc growth 3Y16.88%
ROICexc growth 5Y36.18%
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
F-Score8
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 105.25% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 112.55 | ||
| Cash Conversion | 68.29% | ||
| Profit Quality | 70.83% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | N/A |
F-Score8
WACC7.13%
ROIC/WACC1.63
Cap/Depr(3y)96.01%
Cap/Depr(5y)83.18%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.2%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%3.37%
EPS Next Y14.04%
EPS Next 2Y11.94%
EPS Next 3Y12.17%
EPS Next 5Y9.52%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%4.72%
Revenue Next Year7.26%
Revenue Next 2Y6.13%
Revenue Next 3Y6.08%
Revenue Next 5Y6.28%
EBIT growth 1Y16.48%
EBIT growth 3Y28.43%
EBIT growth 5Y39.26%
EBIT Next Year61.93%
EBIT Next 3Y24.54%
EBIT Next 5Y16.2%
FCF growth 1Y382.21%
FCF growth 3Y3.15%
FCF growth 5YN/A
OCF growth 1Y140.7%
OCF growth 3Y8.72%
OCF growth 5Y35.97%
KRONES AG / KRN.DE FAQ
What is the ChartMill fundamental rating of KRONES AG (KRN.DE) stock?
ChartMill assigns a fundamental rating of 6 / 10 to KRN.DE.
What is the valuation status of KRONES AG (KRN.DE) stock?
ChartMill assigns a valuation rating of 6 / 10 to KRONES AG (KRN.DE). This can be considered as Fairly Valued.
What is the profitability of KRN stock?
KRONES AG (KRN.DE) has a profitability rating of 7 / 10.
How financially healthy is KRONES AG?
The financial health rating of KRONES AG (KRN.DE) is 6 / 10.
Is the dividend of KRONES AG sustainable?
The dividend rating of KRONES AG (KRN.DE) is 6 / 10 and the dividend payout ratio is 28.35%.